In Venture Investing Context, Due Diligence Describes the Process of Investigating

question 41

True/False

In venture investing context, due diligence describes the process of investigating a potentially worthy concept or plan.

---

Definitions:

Telephone Cable

A wire or fiber that is used for telecommunications by transmitting voice and data signals.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a specific product and considered a part of its cost.

Bandages

Strips of cloth or other material used to wrap or cover wounds, providing protection and support.

Receiving Report

A document that records the details of materials or goods received by a company, ensuring the quantities and descriptions match the order.